Latest news headlines: Finextra Research

Over £1bn stolen by fraudsters in 2024 - UK Finance

Criminals stole £1.17 billion through fraud in the UK last year, with a slight fall in authorised push payment fraud losses offset by a rise in remote purchase fraud.

28 May 2025

/security

Singapore ponders caning punishment for scammers

Singapore is considering drastic action to tackle its scam epidemic - the introduction of caning for offenders.

28 May 2025

/ai

Storonsky-founded fund QuantumLight raises $250m for AI-guided investments

QuantumLight, a quantitative venture capital firm founded by Revolut's Nik Storonsky has closd on a $250 million fund for backing founders across AI, Web3, Fintech, SaaS and Healthtech.

28 May 2025

/ai

EBAday 2025: Who’s afraid of agentic AI?

What potential does AI hold for the future of banking? What challenges and benefits do AI and GenAI-powered solutions pose? These questions were explored in an afternoon panel session at EBAday 2025.

27 May 2025

/payments

EBAday 2025: Strategising for instant payments and financial crime

The afternoon sessions in the main stream focused on strategising for instant payments and financial crime.

27 May 2025

/regulation

EBAday 2025: Building the banking ecosystems of the future

Wolfgang Ehrmann, chairman of the board, Euro Banking Association (EBA), kicked off EBAday 2025 in the historic Louvre in Paris with a welcome statement. Ehrmann reflected that today marks the 20 year milestone of EBAday as well as the fortieth anniversary of the EBA, and highlighted the event’s growth to over 1,400 experts in Paris today.

27 May 2025

/crypto

Worldpay partners BVNK for stablecoin payouts

Worldpay has enlisted BVNK to bring nearly instant global payouts in stablecoins to its clients in the US and Europe.

27 May 2025

/ai

SEB joins AI factory joint venture

SEB has joined a Swedish consortium building an AI factory with Nvidia.

27 May 2025

/payments

ACI Worldwide rolls out centralised payments hub

ACI Worldwide is bringing together account-to-account (A2A), card payments and AI-driven fraud prevention on a unified cloud-native platform, ACI Connetic.

27 May 2025

/people

UK fintech hiring surges

UK fintechs are set to increase professional hiring by 32% in 2025 despite challenging economic headwinds, according to Morgan McKinley and Vacancysoft’s latest fintech report.

27 May 2025

/wholesale

Malaysia and Singapore boost digital trade connectivity

Authorities from Malaysia and Singapore have signed a memorandum of understanding to build a blockchain-powered cross border digital trade network.

27 May 2025

/regulation

CFPB to ditch open banking rule

The Financial Technology Association (FTA) has hit out at US regulators over plans to rescind open banking rules, calling the move a "handout to Wall Street banks".

26 May 2025